Deposit rates, Evraz coupons, Raspadskoy Dividend Board: digest

Top 10 deposit rates. Evraz announced the transfer of the coupon payment on Eurobonds. Raspadskaya's board of directors will make a decision on dividends. notable events,

On March 23, federal loan bonds   (OFZ) will be traded on the Moscow Exchange from 09:50 Moscow time to 18:50 Moscow time:

09:50–10:00 Moscow time — opening auction; 10:00–18:40 Moscow time — trading period; 18:40–18:50 Moscow time — closing auction;

Trading in other instruments on the Moscow Exchange:

trades in other bonds are held from 09:30 to 19:00 only in the "Redemption: Address orders" mode with settlements in rubles; transactions in the currency, money markets and the precious metals market will be held from 10:00 to 19:00 Moscow time; on the derivatives market from 10:00 to 18:45, currency and commodity instruments, as well as contracts for the SPDR S&P 500 ETF Trust and the DomClick real estate index will be available; trading in shares and standardized derivative financial instruments (SPFIs) will not be conducted.

The mode of operation of the Moscow Exchange in the following days will be announced on the official website of the Bank of Russia later.

SPB Exchange   will start trading in the mode intended for private investors from 14:30 Moscow time.

first, the 15 most liquid shares will be available for purchase; Starting from 16:00 Moscow time, another 1,639 securities of international companies will start trading.

Trading on the exchange will begin with OFZ: 5 factors that will change their market Moscow Exchange , OFZ , default , Ministry of Finance

Top 10 rates on deposits and savings accounts

The average rate of the 54 largest depository banks on deposits for a period of one year in the amount of ₽100 thousand as of March 23 is 9.55% per annum, according to the FRG100 index.

The most favorable deposit rate as of March 23, 2022 is 25% per annum.

Top 10 banks with high effective rates on deposits and savings accounts as of March 23, 2022:

Tavrichesky Bank - up to 25.10%; Sinara - up to 25%; Sovcombank - up to 25%; VTB — up to 24%; Vladbiznesbank — up to 24%; Transstroybank - up to 23.66%; Transcapitalbank - up to 23.50%; SBI Bank - up to 23.50%; Promselkhozbank - up to 23.50%; Eurofinance Mosnarbank - up to 23.50%; Investtorgbank - up to 23.50%.

Source: Banki.ru financial marketplace (the effective rate is calculated according to the Banki.ru methodology and is not an offer, detailed conditions are in credit institutions).

Coupon payments on Evraz Eurobonds

Mining and metallurgical company Evraz managed to avoid default   . Yesterday, the paying agent for Evraz Eurobonds maturing in 2023, the London branch of the Bank of New York Mellon, notified the company that the coupon payment had been transferred. Evraz announced this on the website of the London Stock Exchange.

Evraz also noted that it intends to fully fulfill its obligations under Eurobonds maturing in 2024 - these payments are due to the company on April 4.

The day before, the company said that the interest on Eurobonds, which it was supposed to pay on March 21, was blocked by the Societe Generale New York correspondent bank for a compliance check.

Evraz transferred money for coupon payments on March 16, two business days before the deadline. However, the London branch of the Bank of New York Mellon, the company's main paying agent, reported that the $18,922,660.63 coupon had not been redeemed. As a result, Evraz has notified "a potential default event as defined in the bond's trust deed".

Dividends of Raspadskaya

The Board of Directors of Raspadskaya at a meeting on March 23 will consider the issue of paying dividends for 2021.

At the end of 9 months of 2021, Raspadskaya's dividend yield was 11.7%. The final payments for 2021 due to rising coal prices could be about ₽30–40, which corresponds to another 9.4–12.5% ​​dividend yield, says Vasily Karpunin, an expert at BCS World of Investments.

“However, it should be taken into account that there are high risks of companies temporarily deviating from their dividend policies. Recently, the chances of canceling payments have increased significantly throughout the Russian market, ”the expert warned.

In recent weeks, Enel Russia, X5 Group, Cherkizovo, Evraz, Rusagro have announced the refusal to pay dividends or the withdrawal of the recommendation on the amount of payments previously given by the Board of Directors.

In addition, Raspadskaya will publish 2021 IFRS financial results on March 23.

Last day to buy shares for dividends and other important events

British American Tobacco : Last day to buy stock to receive dividends. The amount of dividends is £0.5445. The dividend payment date is May 9.
Altria : Last day to buy shares to receive dividends. Dividend size — $0.90 Dividend payment date — April 29.
Medtronic : Last day to buy shares to receive dividends. The amount of dividends is $0.63. The dividend payment date is 24 April.
NVIDIA : March 21-24 - GTC 2022.

How the previous trading session ended S&P 500 : 4511.61 (+1.13%) Dow Jones Industrial Average : 34,807.46 (+0.74%) NASDAQ Composite: 14,108.82 (+1.95%) Default (from the French de fault - due to fault) - a situation that has arisen when the borrower fails to fulfill obligations to pay or service debt. A default is the failure to pay interest on a loan or a bonded loan, as well as non-repayment of the loan. It is worth highlighting a technical default - a situation where the fulfillment of obligations was only a temporary delay in payments, as a rule, due to circumstances beyond the control of the borrower. A default serves as a basis for a creditor to file a claim for the bankruptcy of the borrower A regulated market where sellers and buyers meet who trade in various assets: stocks, bonds, currencies, futures, commodities. Everyone can become a participant in trading on the stock exchange - for this you need to open a brokerage account. Each transaction is concluded at the market price, takes place almost instantly, and is also recorded and monitored. More Debt security, the owner of which has the right to receive from the person who issued the bond, its face value within the agreed period. In addition, the bond implies the right of the owner to receive a percentage of its face value or other property rights. Bonds are the equivalent of a loan and are similar in principle to the lending process. Both governments and private companies can issue bonds. In addition, the bond implies the right of the owner to receive a percentage of its face value or other property rights. Bonds are the equivalent of a loan and are similar in principle to the lending process. Both governments and private companies can issue bonds. In addition, the bond implies the right of the owner to receive a percentage of its face value or other property rights. Bonds are the equivalent of a loan and are similar in principle to the lending process. Both governments and private companies can issue bonds.